UPM Forestal Oriental Annual Report 2021

UPM’S HISTORY IN URUGUAY

Inauguration of the second nursery in Paysandú and the Research and Development Centre in the Fray Bentos mill.

Botnia purchases the Shell shareholding.

The pulp mill in Fray Bentos begins its operations.

1990 YEAR

2003 YEAR

2005 YEAR

2007 YEAR

2009 YEAR

YEAR

2012

Kymmene (UPM since 2009) and Shell create the Compañía Forestal Oriental S.A. Plantations and the

The Development Programme and the Botnia Foundation (now the UPM Foundation) are created.

UPM purchases Botnia shareholding.

genetic improvement programme begins.

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